Sensex Rebounds 352 Pts From Day’S Low And Nifty50 Settles Above 17,950 — Rupee Slides To 79.67 Vs Dollar

Inventory Market Highlights

: Indian fairness benchmarks BSE Sensex and NSE Nifty50 recovered preliminary losses in a uneven session on Thursday, with the 50-scrip benchmark managing to complete increased for the eighth session in a row. Features in monetary and FMCG shares pushed the headline indices increased had been offset by losses in IT and oil & fuel shares. Broader markets additionally made it to the inexperienced, with the Nifty Midcap 100 and Nifty Smallcap 100 indices rising 0.2 p.c every. Minutes of the Fed’s newest coverage assessment displaying officers could also be much less aggressive than beforehand thought once they increase rates of interest in September lent some assist to international equities.

First Revealed: Aug 18, 2022, 07:58 AM IST